Leng Chan Quek

Biography

YBhg Tan Sri Quek Leng Chan born 1941, Singapore) is a Malaysian tycoon who cofounded Hong Leong Group Malaysia. He is one of the richest men in Malaysia. YBhg Tan Sri Quek Leng Chan studied in Victoria School in Singapore and is qualified as a Barrister-at-Law from Middle Temple, United Kingdom. He has extensive business experience in various sectors, including financial services, manufacturing and real estate. He is the Chairman & Chief Executive Officer of Hong Leong Company (Malaysia) Berhad (HLCM), Executive Chairman of Hong Leong Industries Berhad (HLI), Hume Industries (Malaysia) Berhad (HIMB), Hong Leong Financial Group Berhad, GuocoLand (Malaysia) Berhad, Camerlin Group Berhad and Chairman of Hong Leong Bank Berhad, HLG Capital Berhad (HLG), Hong Leong Assurance Berhad, Hong Leong Islamic Bank Berhad and Hong Leong Foundation (HLF).

Background of Business YBhg Tan Sri Dato Leng Chan Quek served as the Chief Executive Officer of Hong Leong Company (Malaysia) Berhad of Hong Leong Bank Bhd. YBhg Tan Sri Dato Quek has extensive business experience in various business sectors, includes financial services, manufacturing and real estate. He has been an Executive Chairman of Guoco Group Ltd. ("Guoco") since 1990 and GuocoLeisure Limited since 2007. He serves as Executive Chairman of Guocoland (Malaysia) Berhard at PJ City Development Sdn Bhd. He serves as the Executive Chairman of Guocoland (Malaysia) Berhad (formerly Hong Leong Properties Berhad), Hume Industries Malaysia Bhd, O.Y.L. Industries Berhad, Hong Leong Group Malaysia Berhad of Hong Leong Bank BhdHe serves as Non-Executive Chairman of Camerlin Group Berhad. He serves as Chairman for Hong Leong Bank Berhad, Benchmark Group PLC in London, BIL International Ltd., Hong Leong Company (Malaysia) Berhad, Hong Leong Bank Bhd, Hong Leong Islamic Bank Berhad, Hong Leong Finance Berhad, and Hong Leong Assurance Berhad. He serves as Chairman of Thistle Hotels plc. He serves as Non-Independent Chairman of HLG Capital Berhad. He has been Non-Executive Chairman of the Board of Hong Leong Financial Group Berhad since April 24, 2009. YBhg Tan Sri Dato Quek Leng serves as Chief Executive Officer of HLCM. YBhg Tan Sri Dato Quek served as Non-Executive Chairman of Hong Leong Industries Bhd until February 9, 2012. He served as an Executive Chairman of Tasek Corp. Bhd ("TCB") until February 10, 2004; OYL Industries Bhd until October 30, 2006 and Hong Leong Financial Group Berhad (formerly Hong Leong Credit Berhad) until April 24, 2009. He served as the Chairman of the Board at Narra Industries Berhad(formerly known as Hume Cemboard Berhad). He also served as an Executive Director of Hong Leong Financial Group Berhad from september 6, 1968 to April 24, 2009. He has been Non-Independent Director of Hong Leong Bank BHD since January 3, 1994, Camerlin Group Berhad since August 5, 1997, Hume Industries Malaysia Bhd since October 19, 1981, Guocoland (Malaysia) Berhad since June 16, 1990, HLG Capital Berhad since February 25, 1991 and Hong Leong Financial Group Berhad of Hong Leong Bank Bhd since September 6, 1968. He serves as Director of AAF-McQuay, Inc. He has been a Director of GuocoLand Ltd (formerly known as "First Capital Corporation Ltd") since 1988. He serves as a Director of Hong Leong Company (Malaysia) Berhad of Hong Leong Bank Bhd, BIL International Ltd., Hong Leong Group Malaysia, Guoco Group Ltd. and HL Holdings Sdn Bhd. He served as a Director of Narra Industries Bhd from March 22, 1996 to February 21, 2012; Hong Leong Industries Bhd from May 12, 1969 to February 9, 2012; Tasek Corporation Berhad from October 4, 1995 to February 10, 2004 and Guoline Overseas Limited. He served as an Executive Director of OYL Industries Bhd, from February 14, 1990 to October 30, 2006. YBhg Tan Sri Dato Quek is a qualified Barrister-at-Law from Middle Temple, United Kingdom.

Key to Success

1. Have a vision One of the most important aspects of running any business is to have a clear vision of what you want that business to be like. What do you want to be known for in the marketplace? What kind of clients do you desire? What level of service do you want to provide? Do you want to be one among many" or do you want to be considered a leader in your industry? By answering these and many other similar type questions, you will gain insight into the direction you can, and should, take your business.

2. Develop a plan that ties into the vision Once you gain clarity on your vision, you must be willing to develop a plan. Far too often people have an idea of where they want their organization to be, but they fail to put together a usable plan. Take time to map out what needs to be done to achieve your outcomes.

3. Be consistent Running and marketing a business is an ongoing process. The greatest mistake people make in virtually any industry is they try something once and expect instant results. You must be in this for the long haul. Sure, with some of your marketing strategies you will get instant, or direct, response. However, with most approaches, it is more like the tortoise and the heir. In the short-term it looks like the heir is in the lead, but the reality is he is burning himself out and ends up losing to the tortoise who had a consistent and long-term vision.

Motivation Quote We should be mindful that we avoid building a Group whose total concentration is to make profit devoid of human touch and excitement. The Group has long been committed to a policy of social responsibility by striving for the betterment of society and holds strongly the belief that an organisation does not detach itself from its social responsibilities. ~ Tan Sri Quek Leng Chan, Chairman of Hong Leong Foundation